Promising and Resilient Long-Haul Refrigerated Trucking Enterprise

Seeking Investment Capital of $100,000 to assist with acquisition costs. Company Overview: Industry: Long-haul refrigerated trucking Operations: Delivers throughout the United States and into Canada Specialization: Refrigerated transportation for food businesses, including meats, frozen foods, groceries, chicken, and potatoes Client Base: Diverse, recession-proof clientele primarily consisting of food businesses with direct contracts and dedicated freight Client Distribution: Approximately 80% direct contracts, 20% brokered freight Annual Loads: Over 64,000 loads spanning 47 states/provinces Asset Information: Fleet: Refrigerated Trailers: 593 top-of-the-line trailers, including new 2023 and 2024 models Tractors: 62 tractors owned by the company, with 45 sub-leased or offered through a payment program to dedicated drivers Technology: All tractors equipped with state-of-the-art Samara systems, monitored 24/7 by dedicated employees Maintenance: Exclusively operates new tractors, reducing maintenance and unplanned downtime Financial Information: Revenue and Profitability: CY 2019: Net Sales: $137,186,403 Net Income: $3,594,631 Adjusted EBITDA: $6,193,703 CY 2020: Net Sales: $120,833,246 Net Income: $5,806,131 Adjusted EBITDA: $7,646,535 CY 2021: Net Sales: $169,805,997 Net Income: $10,655,957 Adjusted EBITDA: $13,946,628 CY 2022: Net Sales: $191,180,460 Net Income: $19,433,406 Adjusted EBITDA: $20,218,187 CY 2023: Net Sales: $167,378,948 Net Income: $13,665,125 Adjusted EBITDA: $17,560,838 Opportunities: Strategic Partnerships in Warehousing: Potential to forge partnerships with established warehousing groups for an integrated supply chain solution. Acquiring Weaker Competitors: Opportunity to expand market share and strengthen competitive position by acquiring financially unstable companies. Addressing Post-Covid Challenges: Well-positioned to capitalize on growing demand with strong financial standing and a brand-new fleet. Locations & Real Estate: Facilities: Headquarters: 11,000 sq. ft. office in the eastern half of the United States, providing ample space for future growth. Repair Facilities: Two locations with the necessary staff and equipment for fleet maintenance: Facility 1: 18,000 sq. ft. Facility 2: 4,000 sq. ft. on 5 ½ acres of land Personnel: Total Workforce: 103 skilled professionals Dispatch Team: 23 individuals Accounting Division: 21 individuals In-house Mechanics: 14 technicians Drivers: More than 100 drivers with the capacity to attract additional drivers as needed 13 company-employed drivers (7 for short haul, 6 for long haul) 76 owner-operators (own tractors, function under the company’s authority and insurance) 45 drivers under the company’s lease and financing program Conclusion: Investment Opportunity: A promising and resilient long-haul refrigerated trucking enterprise with a state-of-the-art fleet and a recession-proof client base. Growth Potential: Strategic partnerships, acquisitions, and leveraging post-Covid opportunities can drive significant growth. Stability: Strong financial position and modern fleet ensure operational efficiency and reliability. Seller will retain 25% and continue running the company for 2-3 years.